*The One Card can be availed only by a Burgundy Private client upon meeting the Total Relationship Value (TRV) requirement of Rs. 5 crore (excluding demat). Locker benefits after 12 months of Burgundy Private account/relationship initiation is applicable only if the eligibility criteria is met.
**Average of last 3 months. The One Card can be availed only by a Burgundy Private client upon meeting the Total Relationship Value (TRV) requirement of Rs. 5 crore (excluding Demat). Locker benefits after 12 months of Burgundy Private account/relationship initiation is applicable only if the eligibility criteria is met.
Total Relationship Value
^ Total Relationship Value (TRV), aggregated at Customer ID or Family ID# level, is composed of:
| Product/Relationship | Inclusions Allowed |
|---|---|
| Liability Relationship | Savings Account, Current Account**, Term Deposits, Recurring Deposits and/or Specified Investment Relationships, PIS Accounts (for NRI’s) |
| Investment* Relationship | Mutual Funds, Life Insurance, Alternate Investment Fund (Drawdown Amount), Discretionary Portfolio Management Service, Non-Discretionary Portfolio Management Service, RBI Bonds*, PPF*, NPS* |
Excluding Demat holding(s)
Accounts of customers who do not maintain any one of the mentioned criteria will be converted to a lower category Savings Account with appropriate advance intimation; fees and charges of the lower SB A/c will apply accordingly
Average Quarterly Balance (AQB) will be considered in case of Savings & Current Account.
*Investment through Axis Bank to be considered
#Family ID is generated at the time customer enrolls into Family Banking Program
**Subject to family banking / grouping & applicable only for Resident individual, Sole Proprietor, HUF, Partnership, LLP, Private Limited Companies
Family Banking
Burgundy Private customers can extend their exclusive Burgundy Private privileges to their family members as under:
Axis Bank reserves the right to change the benefits offered as part of the services.
For more, visit: www.axisbank.com/burgundyprivate
The terms and conditions mentioned in eligibility criteria are subject to modification from time to time solely at Bank's discretion.
